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MakerDAO members shoot down proposal for more centralization
1.7.2022
MakerDAO members turned up in record numbers to preserve the principles of decentralization, setting new precedents for future DAO governance
5 Risks to Know Before Using Centralized Crypto Lending Platforms
25.6.2022
Crypto lending has been one of the most prominent activities in crypto markets. The activity has developed over the years with several crypto lenders emerging to meet the demand for crypto loans. ...
Read More: 5 Risks to Know Before Using Centralized Crypto Lending Platforms
Evolution of Enterprise Blockchain into Real-World Utility and Use Cases
24.6.2022
Johannes Schweifer is the CEO and co-founder of blockchain infrastructure company CoreLedger.
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While the market sentiment may be bearish, these times become an opportunity for builders and innovators to focus on how to drive meaningful progress with blockchain technology....
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Blockchain isn’t as decentralized as you think: Defense agency report
22.6.2022
The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system
Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to 'Overly Catastrophize' It
21.6.2022
Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.
The Ethereum mastermind noted that Lido Finance, the largest...
'Nothing New at All' in Research Paper That Accuses Bitcoin of Early Centralization
7.6.2022
A new research paper that claims Bitcoin (BTC)'s early success relied on “cooperation among a small group of altruistic founders” rather than true decentralization has ignited a debate in the community, with some questioning why it received such massive media attention despite being “not notable...
Will a Proof-of-Stake Ethereum Lead to More Centralization?
18.5.2022
Lido’s staking protocol now holds 33% of all staked ether
Question of centralization faces growing crypto insurance industry
9.5.2022
Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?
Dominant Staking Pool Lido Causing ‘Long Lasting’ Damage to Ethereum, But Aims to Improve
21.4.2022
Lido Finance, a third-party staking pool operator for Ethereum (ETH) 2.0, is under fire from the community for what is called an “unwavering commitment to being a monopoly” that accusers say damages Ethereum’s status as a decentralized blockchain. However, the operator says it aims to...
Is Ethereum Staking Pool Lido’s Growth an Omen of Centralization?
20.4.2022
Lido might be on track to control over 50% of all staked ether on the Beacon Chain. Better it than Coinbase, proponents say
Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts
30.3.2022
The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
Read More: Axie Infinity’s Ronin Hack...
Consolidation and centralization: How Europe’s new AML regulation will affect crypto
11.3.2022
With plans for a new watchdog, experts say the EU could take a more hardline position on digital assets
Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
2.3.2022
The closing of the exchange, along with a plunging Ruble, may have devastating impacts on the lives of ordinary Russian citizens
Most Defi Hacks in 2021 Had to Do With Centralization Issues, According to Certik
17.1.2022
Certik, a blockchain security and auditing firm, has reported that the most common attack vector for hacks in decentralized finance (defi) protocols had to do with centralization in 2021. This data is present in Certik’s latest report, where the company also examines the growth of defi...
Centralization Caused Most Decentralized Finance Hacks in 2021
12.1.2022
Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks -- with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK.
CertiK’s...
‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK
11.1.2022
DeFi is one of crypto's biggest growth stories, but it's also riddled with the most controversy. The sector lost $1.3 billion due to exploits in 2021
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
23.12.2021
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to...
Bank for International Settlements States True Decentralized Finance Is an ‘Illusion’
8.12.2021
The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools away from current financial institutions, it just provides an ‘illusion’ of doing...
The Ethereum Premine Debate On Fairness, Regulation, and Centralization
7.11.2021
You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contributors and the Ethereum Foundation. At ETH 72m, this total accounts for around...
USD 230M Avalanche, Binance Centralization, Influential Vitalik + More News
16.9.2021
e/">AVAX tokens, according to Bloomberg. Other participants in the token sale included R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Curre